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National market update

Existing-Home Sales Off in September but Higher Than a Year Ago

Washington, DC, October 20, 2011 - Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®. More...
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Monthly Payments for Home Buyers

A home buyer purchasing a typical American home at the prevailing average mortgage rate today would have a mortgage payment of $698 a month. This figure is not much different from what a home buyer would have faced 30 years ago. More...

Existing home sales ()

Existing home median price ()

Housing Starts ()

New home sales ()

National economic indicators

Home ownership

2nd Qtr 2011

65.9%

1st Qtr 2011

66.4%

The homeownership rate in the second quarter 2011 (65.9 percent) was lower than the second quarter 2010 rate (66.9 percent). The homeownership rates in all four regions were lower than their corresponding second quarter 2010 rates.

New home sales

Aug 2011

-2.3%

July 2011

-0.3%

Sales of new one-family houses in August 2011 were at a seasonally adjusted annual rate of 295,000. This is 2.3 percent below the revised July 2011 estimate of 302,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Local Sales & Price Activity

Catherine Wintz

Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time. Read more

Buying is now cheaper than renting in 74 percent of the nation’s largest cities. Low home prices and “rock-bottom” interest rates as well as tax advantages of homeownership are the reasons why it’s now cheaper to BUY a 2-bdrm home than to rent one. Check out this CNN Money article with the details. Read more

Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

Consumer tips & hot properties

What Affects Credit Scores? 7 Misconceptions

Considering refinancing while mortgage rates are at their all time low? You might be surprised by what affects—or doesn’t affect—your score. More...Read more

What's Your Homes Walking Score?

MarketWatch's Amy Hoak reports that the "walking distance" of your home to amenities such as schools, parks and shopping actually effects the value of your home. More...Read more

12 Haunted Homes to Tour

"This Old House"'s, Tabitha Sukhai, takes us on a Haunted House Tour reporting on 12 famously haunted historical houses like the Carlyle House in Alexandria, Virginia, or Andrew Jackson's 1819 Greek Revival in Nashville, TN. More...

Cool Driveways Are a Smart Approach

There’s no steering around it—driveways play a big role in your home’s appearance. With a little imagination you can cook up a great-looking driveway that will boost curb appeal and help preserve the value of your property. More...
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Housing Trends eNewsletter is filled with U.S. Census Bureau key market indicators, consumer videos, blogs, a real estate glossary, mortgage rates and calculators, consumer articles, real estate radio, realtor.com® local community reports and local and national real estate sales and price activity provided by local MLSs and the National Association of REALTORS®.

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